Money Supply Increases: Two measures of the...
Money Supply Increases: Two measures of the nation’s money supply rose in the week ended March 25, the Federal Reserve Board reported. The narrowest measure of the money supply, M1, rose to a seasonally adjusted $844.5 billion from a revised $840.2 billion. The Fed said the measure known as M2 rose to a seasonally adjusted $3,385.6 billion from a revised $3,379.4 billion the previous week. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus accounts such as savings deposits and money market mutual funds.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.